Drop the Chatter When Correcting Filing Errors, Department Says

In keeping with Gov. Bruce Rauner's 2016 "Cutting the Red Tape" initiative, the Illinois Department of Insurance has proposed a rule change that would let businesses drop the narrative when correcting filing errors. "The proposed amendments remove a superfluous requirement for a narrative discussion of a company's reason to refile corrected data about workers' compensation insurance coverage after the company makes an erroneous or incomplete filing," an explanation of the proposed amendment reads. The proposed change is for the Illinois Administrative Code...